Subject: I agree with you. Somewhat.
Author:
Posted on: 2022-08-24 02:11:21 UTC

Yes, there are people have more money than they need.

However, that doesn't mean the government should effectively have the power to decide that they have too much. The government should not be able to tell an individual "You have enough money now, so the rest is ours". Even if Bezos is overpayed for his work, the government didn't do any work.

Second point: the rich will leave. If John Q. Billionaire will be taxed at 90%, what's to stop him from leaving the country before the bill that implements the 90% tax ecomes law? Why should he let the government takes his money?

--Ls thinks American federal taxes should be lowered.

Reply Return to messages